The new system to replace Reddit coins and awards is here. You got out at the right time.
The new system to replace Reddit coins and awards is here. You got out at the right time.
Community Points allow members of Reddit communities to own a piece of their community, earn rewards for quality contributions, and unlock special features.
Read all about it at the above link. There's way too much to process here. This is going to be wild.
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This Reddit coins on a blockchain has been happening for a while. The cryptocurrency subreddit had "Moons" for years now.
I sold 110k Moons as soon as they came out, nobody tell me how much they're worth now
The cryptocurrency subreddit had “Moons” for years now.
Wasn't there some kind of scandal a couple years ago where a mod of that sub monetized those "Moons" for something like 10k in cash?
EDITED TO ADD that I found some additional posts about it; looks like people have been discussing the misuse of moons, as well as how moons could be further pushed post IPO as an actual security, for at least a year (the third post listed is 8 days old):
https://old.reddit.com/r/help/comments/p6g7sq/reddit_has_a_rule_against_moderators_making_money/